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Topic: Bitcoin is useless so why high price? - page 5. (Read 4708 times)

member
Activity: 168
Merit: 10
October 11, 2018, 12:41:34 PM
I do not think Bitcoin is useless. This is probably the envy of reviews, who can not afford to buy it. Grin In general, this is the head of the entire cryptocurrency sphere. And I do not see a crypt, without Bitcoin as such.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
October 11, 2018, 12:18:47 PM
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.

Actually bitcoin is not useless as you think. bitcoin has been used as a popular payment currency in the dark world since the early year of btc.
For now, we need to make bitcoin used by everyone in the world as a global currency. But as long as the btc value not stable, it will very hard to become a popular currency in the world.
member
Activity: 111
Merit: 10
October 11, 2018, 11:23:21 AM
The bitcoin will cost 6500 dollars for a long time. Now price very low. It is possible to buy by parts if you still had money
member
Activity: 168
Merit: 10
October 11, 2018, 11:09:52 AM
I think this is the wrong statement because I know alot of ways how to use bitcoin. People have options invest or not and this is up only to you
member
Activity: 644
Merit: 12
Alternative investment banking platform
October 11, 2018, 09:22:48 AM
Had Bitcoin been useless, its price would not have been so high; technologically, Bitcoin lacks very little to do without all the existing altcoins.

But is it necessary? Bitcoin is not something separate, it is part of the ecosystem. Do you need a cryptocurrency that simply exists? Without any infrastructure?
member
Activity: 378
Merit: 10
EndChain - Complete Logistical Solution
October 11, 2018, 09:05:47 AM
useless? You are wrong, because Bitcoin is very useful, because if there is no Bitcoin there will be no cryptocurrency, ICO project, Bounty, so I think you are wrong if you say that Bitcoin is useless and why it's high price (expensive), because Bitcoin is a pioneer of cryptocurrency so obviously Bitcoin is very useful and the price is very expensive.
full member
Activity: 574
Merit: 102
October 11, 2018, 08:45:33 AM
Because it's an asset, an investment, it has value just like gold you can't directly purchase items using gold (atleast most of the stores won't accept gold as payment) but you can exchange gold to fiat money and spend it.
hero member
Activity: 2716
Merit: 904
October 11, 2018, 08:40:29 AM
Bitcoin it is not useless, it happens that it is the first crypto that ever created and now it become the most popular and very expensive crypto, most of the people want to have it even now it is slow transaction and high network fees.
full member
Activity: 402
Merit: 101
October 11, 2018, 08:39:25 AM
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
for the problem solution about network fee is so high, now Bitcoin Blockchain implemented Lighting Network in Blockchain, this software can make transaction faster than before and fee low, but not 100% working on Blockchain Network for now
jr. member
Activity: 182
Merit: 1
October 11, 2018, 08:35:36 AM
The fact that the transaction is slow it does not mean that it will always be ! Bitcoin developers take care of this problem at the expense of the soft fork !
member
Activity: 364
Merit: 10
October 11, 2018, 08:30:42 AM
Bitcoin is the first ever created crypto currency. Bitcoin is also the most trusted and the most popular coin in the world. Practically BTC is useless but it is more like a symbol of all currencies. I believe that one day, BTC will be replaced by more perspective altcoins.
full member
Activity: 518
Merit: 100
October 11, 2018, 08:27:41 AM
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
The network fee only goes up when the volume of transactions go up and that is norma with anything. With more demand comes scarcity which means that there is going to be   harder time with using the coins. Bitcoin is far from useless and it is the coin that makes it possible that we have all of this industry which we can invest in right now.
member
Activity: 314
Merit: 11
I'm not investor
October 11, 2018, 08:25:17 AM
Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
I don't invest on bitcoin. I agree bitcoin is useless, their only can be used for payment. But many people familiarize on bitcoin, they have more trusted investment on bitcoin.
If you want a crypto usefull for this world, you have to look on ICO, ICO has many usefull for this world for example Bobs Repair, etc
jr. member
Activity: 154
Merit: 1
October 11, 2018, 08:24:17 AM
I am sure that the development team this problem is in the first place and they will solve it. So you just have to wait they are not stupid people.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
October 11, 2018, 08:08:08 AM
Had Bitcoin been useless, its price would not have been so high; technologically, Bitcoin lacks very little to do without all the existing altcoins.
sr. member
Activity: 728
Merit: 252
October 11, 2018, 07:43:56 AM
It is very strange to receive such questions, especially when BTC has been around for so long, because today people are mostly just beginning to understand what BTC is and what the blockchain is, probably today such questions arise.
member
Activity: 420
Merit: 13
October 11, 2018, 07:37:49 AM
If we speak in smart language, then in fact bitcoin has no price. It costs as much as people are willing to pay for it. Its value is determined by the market. And the market is people who are ready to buy and sell it at such prices
You speak correctly. Each product has its own buyer. Set the price you want ... put at least now the order-sale for 30,000 in time the transaction will come true ...
full member
Activity: 479
Merit: 100
October 09, 2018, 11:59:11 PM
Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
If market will exploded high price we can gain good profits ,it's not all about in a future but this time it focuses how to earn money with crypto .We can transfer our fund in bank if bitcoin is useless ,the point is to invest with crypto and due to it's uncontrolled market it get good moneys.
How Bitcoin become a useless if many people are still interested and its grow even more. Even Bitcoin is not that have cheaper fee and other crypto have many advantages to it, I think Bitcoin will remain best to all because if Bitcoin not created then other cryptocurrency will never exist. Also Bitcoin have higher value because its limited only and the demand is rising that's why its so expensive to buy but its really profitable.
with more and more using Bitcoin will be more nice to support development of the Bitcoin is present, the number of advances that occur make much power to make the price of the Bitcoin became so high and benefit by having more Bitcoin and back it up.
member
Activity: 378
Merit: 10
October 08, 2018, 09:12:13 AM
If we speak in smart language, then in fact bitcoin has no price. It costs as much as people are willing to pay for it. Its value is determined by the market. And the market is people who are ready to buy and sell it at such prices
member
Activity: 291
Merit: 13
October 08, 2018, 08:55:46 AM
Yes, perhaps Bitcoin is not the fastest network, perhaps Bitcoin is not the cheapest in transactions, but Bitcoin has many other advantages. Bitcoin is the king of the market and it will always remain for them, at the moment all investors are trying to buy Bitcoin.
If market will exploded high price we can gain good profits ,it's not all about in a future but this time it focuses how to earn money with crypto .We can transfer our fund in bank if bitcoin is useless ,the point is to invest with crypto and due to it's uncontrolled market it get good moneys.
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